Economic Times India

The S&P 500 closed lower on Friday, dipping from a record high and ​weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data. Applied Materials fell after its upbeat quarterly forecast failed to impress investors. The chip equipment maker's shares have doubled in 2026 due to strong demand related to the buildout of AI data centers.Wi...

India ​has lowered windfall taxes on exports ​of petrol, diesel and aviation turbine fuel with effect from Saturday, according to ‌a government ⁠order.The ⁠duty on diesel exports has ​been cut to 24 Indian rupees ($0.2515) per ​litre from 25.5 rupees, while petrol duty has been set at zero ​rupees per litre, ⁠down from ‌3.5 rupees, the government ​order showed.The ​tax on aviati...

SC slaps fine on RIL over NTPC gas supply suit

Goldman Sachs Group Inc., Blackstone Inc. and Apollo Global Management Inc. had been working tirelessly for months to draw up debt deals that would help developers of artificial intelligence systems pay for chips from Nvidia Corp.With slow progress on the complex deals, Nvidia’s chief executive officer, Jensen Huang, decided to change tack: He went public this week with the effo...

Mitsubishi to pay NTPC Rs 851 cr for project exit